{"id":321449,"date":"2026-10-21T17:26:28","date_gmt":"2026-10-21T11:56:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=321449"},"modified":"2026-10-21T17:26:28","modified_gmt":"2026-10-21T11:56:28","slug":"stocks-with-pe-of-15-20-and-roe-above-20-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stocks-with-pe-of-15-20-and-roe-above-20-to-watch-multibagger-potential\/","title":{"rendered":"4 Top Stocks With PE of 15-20 and ROE Above 20 to Watch for Future Multibagger Potential: TCS, Lupin, Waaree Energies and Force Motors"},"content":{"rendered":"

TCS Rs 2,460.90. Lupin Rs 1,939.20. Waaree Energies Rs 2,515. Force Motors Rs 17,563. Market caps from Rs 23,126 crore to Rs 8.33 lakh crore. Data as of 20 Oct 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

TCS, Lupin, Waaree Energies and Force Motors are the 4 picks in this stocks with PE of 15-20 and ROE above 20 watchlist, with market caps between Rs 23,126 crore and Rs 8.33 lakh crore. TCS stands out for the highest return on equity at 43.37%, while Lupin offers 26.76% revenue growth in FY26. PE ratios run from 16.06 to 18.47, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.<\/p>\n<\/p><\/div>\n

Stocks with PE of 15-20 and ROE above 20 to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. TCS, Lupin, Waaree Energies and Force Motors meet that test, with market caps from Rs 23,126 crore to Rs 8.33 lakh crore and TCS offering the highest return on equity at 43.37%. Each of these companies has a PE ratio between 15 and 20 and a return on equity above 20 per cent, and net profit rose in FY26 and in the latest quarter.<\/p>\n

This list covers companies with a PE ratio between 15 and 20 and a return on equity above 20 per cent, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. The companies here range from midcaps to largecaps in size. Investors screening stocks with PE of 15-20 and ROE above 20 usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 20 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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